Understanding the Actual Policy – Obama’s Tax “Increase”


All over the blogosphrere right wing McCain supporters are shouting, “Socialist!” because of one phrase the desperate McCain campaign pounced on.  “Redisbute the wealth” may not have been my choice of words but I did something that it seems 90% of the accusers didn’t, I went to the Obama site and actually read his tax proposal.  You can too right here.

I would also bet that most of the people complaining about the income increase for the 2% of families making $250,000 aren’t even making that much.  Maybe they also don’t know that the increase would only be a portion of the tax cuts they previously recieved.  Essentially, it’s not even a tax increase, it’s just a smaller cut.

It also blows the whole “socialist” theory out of the water when you read that he actually wants to eliminate captital gains taxes for small businesses.

With only 3 days left until the election, I’m sure this won’t change that many minds but I just had to put some common sense out there.  And maybe it’s just the political science nerd in me but it’s been getting on my nerves and I have to say it:

DEMOCRACY IS A POLITICAL SYSTEM AND SOCIALISM IS AN ECONOMIC SYSTEM.  WHEN YOU COMPARE ONE TO THE OTHER, YOU’RE COMPARING APPLES TO ORANGES.  EITHER COMPARE SOCIALISM TO CAPITALISM OR DEMOCRACY TO AUTHORITARIANISM (SP?).

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